TRAINING CATEGORIES
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2 - HRC - Human Resources


HRC 109 - Succession Planning

Code Start Date Duration Venue
HRC 109 15 April 2024 5 Days Istanbul Registration Form Link
HRC 109 20 May 2024 5 Days Istanbul Registration Form Link
HRC 109 24 June 2024 5 Days Istanbul Registration Form Link
HRC 109 29 July 2024 5 Days Istanbul Registration Form Link
HRC 109 02 September 2024 5 Days Istanbul Registration Form Link
HRC 109 07 October 2024 5 Days Istanbul Registration Form Link
HRC 109 11 November 2024 5 Days Istanbul Registration Form Link
HRC 109 16 December 2024 5 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. Whether it is preparing an individual to take over as the sole proprietor of a small business or a leadership position in a corporation, business succession planning is essential for the long-term survival of a company.  This course will be teaching the difference between succession planning and mere replacement planning and preparing the people to take on the responsibilities of leadership in order for the company to thrive during transition.

 

Course Objectives

  • Defining business succession planning & its role in the organisation
  • Laying the groundwork for developing a succession plan
  • Recognizing the importance of internships
  • Learning to use a SWOT analysis to set goals
  • Creating a plan, assign roles & execute the plan
  • Developing a plan to manage change
  • Learning to anticipate obstacles, re-evaluate goals & focus on progress
  • Learning how to know when success has been achieved

 

Who Should Attend?

  • Supervisors
  • HR Managers
  • Senior Leaders
  • Executives
  • Policy Makers 
  • Anyone involved in HR planning

Course Details/Schedule

Day 1

  • How Succession Planning Works
  • Benefits of Succession Planning
  • Succession Planning Vs. Replacement Planning
  • What is Business Succession Planning?
  • What Is Replacement Planning?
  • Differences Between them
  • Deciding What You Need

Day 2

  • Preparing for the Planning Process
  • How to Set Parameters for the Planning Process
  • Should You Establish a Committee?
  • How to Gather Operational Data
  • Initiating Process
  • Develop a Mission Statement
  • Develop a Vision Statement
  • Choosing to Be a Mentor

Day 3

  • The SWOT Analysis
  • Identifying Strengths
  • Identifying Weaknesses
  • Identifying Opportunities
  • Identifying Threats
  • Developing the Succession Plan
  • Prioritizing What the Succession Plan Will Address
  • Setting Goals and Objectives
  • Developing a Strategy for Achieving Goals
  • Drafting the Plan

Day 4

  • Executing the Plan
  • Assigning Responsibility and Authority
  • Establishing a Monitoring System
  • Identifying Paths
  • Choosing Your Final Approach
  • Gaining Support
  • Gathering Data
  • Addressing Concerns and Issues
  • Evaluating and Adapting
  • Managing the Change
  • Developing a Change Management Plan
  • Developing a Communication Plan
  • Implementing the Plans
  • Providing Constructive Criticism
  • Encouraging Growth and Development

Day 5

  • Overcoming Roadblocks
  • Common Obstacles
  • Re-Evaluating Goals
  • Focusing on Progress
  • How to Know When You’ve Achieved Success
  • Transitioning
  • Lessons Learned
  • Completion of Action Plans and Evaluations